“We are excited about the move and delighted that we will have our European operations in Maidenhead. Over the years BlackBerry has remained committed to the UK, not just as a key market globally but also as our gateway to Europe, and Maidenhead is offering us an excellent business environment.”

Cllr Jack Rankin, cabinet member for economic development and property, added: “This is an important milestone for Maidenhead and the council members and officers who worked with BlackBerry to successfully broker the deal. “BlackBerry is the latest ‘big name’ to come to town, joining Maersk, Adobe 3, Tesla and Alnylam as well as the retailers opening in Maidenhead – H&M, Smiggle, Pandora and Paperchase.”

Cllr David Evans, principal member for Maidenhead regeneration, said: “As we continue with the regeneration of the town this will further enhance our reputation as a high tech location of choice and I look forward to welcoming more big names in the future.”

BlackBerry is going through an exciting transformation and is no longer about the smartphone, but the smart in the phone and in cars and containers, medical devices and wearables, consumer appliances and industrial machinery, and ultimately the entire enterprise.

We in the BlackBerry Community have been waiting and waiting on BlackBerry 10.3.3 to release for sometime now. I am happy to report that BlackBerry has now published the necessary file for OS 10.3.3!! Thanks to the community we now also have Auto loaders for the Passport, Q10/Q5/P9983, Z10 STL2-3/P’9982, Z30/Classic/Leap, Z3. So if you have been waiting now is your chance to dive in!!! Check out the info below and let us know what you think about the update in the comments!

Potential working links for O.S Version: 10.3.3.2049
Radio Version: 10.3.3.2050 – (Assumed as OS + 1)
SW Version: 10.3.3.1359NOTE: Only the folder holding the potential files has been confirmed live, therefore live links for ALL devices is only assumed.
IMPORTANT: Only Debrick and Radio files needed to create an autoloader.

Please note that we do not accept any responsibility for anything this does to your device. Please do not attempt to load this unless you are comfortable with what you are doing. You will need a Windows machine to use the loader, but if you do load it drop us a comment letting us know how it runs.

BlackBerry has just started December with a bang! Just yesterday, BlackBerry rolled out an update to BBM that included very long messages, Access all Free Stickers in one tap from BBM Discovery Tab, More secure Sign In for Users who Signed Up with Phone and bug fixes. No I just opened Google Play on the Priv and boom there is even more app updates. Today’s app updateds include BlackBerry Calendar, BlackBerry HUB, BlackBerry Keyboard, BlackBerry Launcher, BlackBerry Password Keeper, BlackBerry Contacts, BlackBerry Notes and BlackBerry Tasks,

BlackBerry Calendar

Allow users to change event calendars after creation

Fixed missing indication of who forwarded an event

Contact birthday/anniversary intergration

Bug Fixes and performance improvements.

BlackBerry HUB

Added setting for default sending account

Support for veiwing .eml attachments

Toggle to remove an account from Hub and stop syncing it.

Added contact avatars to Hub email notifications

Improved rendering for rich formatted HTML emails

Fixed issue with some attachments not downloading

Bug Fixes and performance improvements.

BlackBerry Keyboard

This release provides enhancements to language switching, new Chinese input methods, support for unlocking Password Keeper autofill with a fingerprint, and general performance improvements. The release includes:

Visual enhancements and quicker response when you switch languages

New Chinese input methods like Stroke and Zhuyin

Ability to unlock Password Keeper autofill with a fingerprint (if your device has a fingerprint sensor)

Bug fixes and performance improvements

BlackBerry Launcher

Added a dynamic date to the Calendar home screen icon

Added a BlackBerry Launcher icon for non-BlackBerry devices

Fixed a blank space issue above the navigation bar

Bug fixes and minor enhancements

BlackBerry Password Keeper

The new built-in browser lets you open and log in to webpages directly from Password Keeper

Unlock autofill with your fingerprint directly from the BlackBerry Keyboard

A new password font makes it easier to distinguish similar characters

Support for non-Latin characters (including Chinese)

BlackBerry Contacts

Added ability to hide specific contact accounts and stop sync

Bug fixes for contacts sometimes not showing up in search

Fixed bug with DAV accounts that have different usernames and email addresses to use appropriate details

Rear Admiral Day has a distinguished 34-year career in Federal information technology and cybersecurity. His tenure at the Coast Guard included a variety of senior staff and command positions, with five years served as Chief Information Officer (CIO) and Commander of Coast Guard Cyber Command. Since retiring in 2014, he has been a key member of the AtHoc advisory board and highly engaged across the technology industry as an independent consultant.

“Bob Day has proven himself to be an invaluable asset to BlackBerry,” said Iain Kennedy, Chief Information Officer for BlackBerry. “His knowledge of cybersecurity at the strategic and operations levels within military and civilian agency environments will help us develop and provide new FedRAMP certified cloud deployments of our products. We are honored that he is coming aboard full time to guide FedRAMP certification of our full product suite used today by many Federal agencies.”

FedRAMP is a U.S. government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services used by federal agencies. FedRAMP’s “do once, use many times” framework saves an estimated 30 to 40 percent of government costs while reducing the time and staff size required to conduct previously redundant agency security assessments.

About BlackBerry

BlackBerry secures, connects and mobilizes the enterprise. For today’s enterprise of things, BlackBerry provides devices and a software platform that enables and manages security, mobility and communications between and among hardware, programs, mobile apps and the internet of things. Founded in 1984 and based in Waterloo, Ontario, BlackBerry operates in North America, Europe, Middle East and Africa, Asia Pacific and Latin America. The Company trades under the ticker symbols “BB” on the Toronto Stock Exchange and “BBRY” on the NASDAQ. For more information, visit www.BlackBerry.com.

BlackBerry and related trademarks, names and logos are the property of BlackBerry Limited and are registered and/or used in the U.S. and countries around the world. All other marks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.

WATERLOO, ON and JAKARTA, INDONESIA–(Marketwired – Sept. 28, 2016) – BlackBerry Limited (NASDAQ:BBRY)(TSX:BB), a global software leader in securing, connecting and mobilizing enterprises, announced an agreement with newly formed joint venture PT BB Merah Putih to license BlackBerry software and services for the production of handsets for the Indonesian market. This partnership accelerates BlackBerry’s overall focus on driving software growth, specifically developing and licensing device software offerings, including security solutions and applications, through its Mobility Solutions business unit.

BB Merah Putih will source, distribute and promote BlackBerry-branded devices that use BlackBerry’s secure Android software and applications. BB Merah Putih will have full access to the BlackBerry experience, which includes the trusted BlackBerry for Android secure software, for production of new devices in Indonesia. The joint venture was created in support of the Indonesian Government’s efforts to promote the development, manufacturing and creation of locally sourced products, while also increasing the number of value-added LTE smartphones available and sold in the country. It is being led by PT Tiphone Mobile Indonesia Tbk, a leading telecommunication company with the largest distribution network in Indonesia. PT Tiphone is an affiliate of PT Telekomunikasi Indonesia Tbk, which is the largest carrier in Indonesia. The JV and its affiliates account for nearly half of the total Indonesian mobile market.

“BlackBerry is no longer just about the smartphone, but the smart in the phone. Working with trusted partners to extend the reach and availability of our secure mobility software remains a key focus for the Mobility Solutions unit and this joint venture is just one of our next steps in making our software licensing strategy successful,” said John Chen, Executive Chairman and CEO, BlackBerry. “BB Merah Putih is comprised of companies with extensive background in providing innovative mobile services to their customers, making the newly formed joint venture the perfect partner to offer trusted BlackBerry secure mobile software that is available exclusively to Indonesian customers.”

“BlackBerry is a brand which Indonesians trust and respect, and this partnership will allow us to provide the type of mobile experience that our customers have come to expect with the productivity and security that the BlackBerry brand delivers,” said Tan Lie Pin, CEO, PT Tiphone Mobile Indonesia Tbk. “Leveraging BlackBerry’s secure Android smartphone software will be a significant opportunity for us and we hope to deliver innovative and high quality devices for our customers in the Indonesian market.”

BlackBerry’s Mobility Solutions unit manages the BlackBerry smartphone business and development of device software offerings that includes maximizing the best of BlackBerry 10 software features and making them accessible on other platforms, including Android. This latest partnership is part of BlackBerry’s continued effort to drive the growth of the company’s trusted secure mobility solutions across multiple platforms and devices. By working with third parties such as BB Merah Putih, BlackBerry is able to advance the company’s brand recognition and security promise to increased regions and end users around the globe.

About BlackBerry

BlackBerry secures, connects and mobilizes the enterprise. For today’s enterprise of things, BlackBerry provides devices and a software platform that enables and manages security, mobility and communications between and among hardware, programs, mobile apps and the internet of things. Founded in 1984 and based in Waterloo, Ontario, BlackBerry operates in North America, Europe, Middle East and Africa, Asia Pacific and Latin America. The Company trades under the ticker symbols “BB” on the Toronto Stock Exchange and “BBRY” on the NASDAQ. For more information, visit www.BlackBerry.com.

About PT Tiphone Mobile Indonesia Tbk

PT Tiphone Mobile Indonesia Tbk was established on June 25, 2008. Tiphone engaged in distribution of mobile products and telecommunication services in Indonesia and become the largest distributor of Telkom Group’s products and services. Tiphone has 200 branches, 400 outlets, 96 service centers, and 250,000 active resellers. Currently, the Company distributes a number of leading mobile phone brands such as Samsung, Apple, LG, HTC, Blackberry, Huawei, etc.

Forward-looking statements in this news release are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used herein, words such as “expect”, “anticipate”, “estimate”, “may”, “will”, “should”, “intend”, “believe”, and similar expressions, are intended to identify forward-looking statements. Forward-looking statements are based on estimates and assumptions made by BlackBerry Limited in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that BlackBerry believes are appropriate in the circumstances. Many factors could cause BlackBerry’s actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including those described in the “Risk Factors” section of BlackBerry’s Annual Information Form, which is included in its Annual Report on Form 40-F (copies of which filings may be obtained at www.sedar.com or www.sec.gov). These factors should be considered carefully, and readers should not place undue reliance on BlackBerry’s forward-looking statements. BlackBerry has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

BlackBerry and related trademarks, names and logos are the property of BlackBerry Limited and are registered and/or used in the U.S. and countries around the world. All other marks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.

“I am pleased to welcome Steve Capelli as our new Chief Financial Officer,” said John Chen, Executive Chairman and CEO of BlackBerry. “Steve is a highly experienced and respected financial expert and a strong business partner. He served in various roles at both Pyramid and Sybase for several years and reported directly to me during my service as the CEO of those companies. I look forward to the many contributions he will make toward driving value for BlackBerry shareholders as we continue to focus on end-to-end mobility solutions and enterprise software.”

Most recently, Capelli was President of Worldwide Field Operations at Sybase with responsibility for $1 billion in annual revenue. Capelli also led international operations at Sybase as General Manager with responsibility for sales, operations, finance, customer support, marketing and human resources. Prior to Sybase, Capelli was Chief Financial Officer of Siemens Pyramid. Earlier in his career, he served in controller roles at Digital Equipment Corporation, Unisys Corporation and WR Grace and Company. Capelli currently serves on numerous corporate boards with representation on audit, compensation and governance committees. He received a bachelor’s degree in accounting from The College of New Jersey and an MBA in finance from Rutgers University.

Effective October 1, Capelli will lead the company’s corporate accounting, FP&A, treasury, tax, procurement and investor relations teams. He will report to Executive Chairman and CEO John Chen, and will succeed James Yersh, who is leaving the company for personal reasons. Yersh will remain with BlackBerry through October 31 and will assist with the transition.

“On behalf of the Board and our shareholders, I want to thank James for his great contributions to BlackBerry,” said Chen. “Under James’ leadership we have achieved excellent financial discipline, a key accomplishment as part of our overall turnaround and transformation strategy for BlackBerry. We respect James’ decision and wish him the very best.”

About BlackBerry

BlackBerry secures, connects and mobilizes the enterprise. For today’s enterprise of things, BlackBerry provides devices and a software platform that enables and manages security, mobility and communications between and among hardware, programs, mobile apps and the internet of things. Founded in 1984 and based in Waterloo, Ontario, BlackBerry operates in North America, Europe, Middle East and Africa, Asia Pacific and Latin America. The Company trades under the ticker symbols “BB” on the Toronto Stock Exchange and “BBRY” on the NASDAQ. For more information, visit www.BlackBerry.com.

Forward-looking statements in this news release are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used herein, words such as “expect”, “anticipate”, “estimate”, “may”, “will”, “should”, “intend”, “believe”, and similar expressions, are intended to identify forward-looking statements. Forward-looking statements are based on estimates and assumptions made by BlackBerry Limited in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that BlackBerry believes are appropriate in the circumstances. Many factors could cause BlackBerry’s actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including those described in the “Risk Factors” section of BlackBerry’s Annual Information Form, which is included in its Annual Report on Form 40-F (copies of which filings may be obtained at www.sedar.com or www.sec.gov). These factors should be considered carefully, and readers should not place undue reliance on BlackBerry’s forward-looking statements. BlackBerry has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

BlackBerry and related trademarks, names and logos are the property of BlackBerry Limited and are registered and/or used in the U.S. and countries around the world. All other marks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.

]]>http://nerdberry.net/2016/09/28/blackberry-announces-appointment-of-steven-capelli-as-chief-financial-officer/feed/0BlackBerry Reports 89% Year Over Year Growth in GAAP Software and Services Revenue for Q2 Fiscal 2017; Company Announces New Strategic Direction for Mobility Solutionshttp://nerdberry.net/2016/09/28/blackberry-reports-89-year-over-year-growth-in-gaap-software-and-services-revenue-for-q2-fiscal-2017-company-announces-new-strategic-direction-for-mobility-solutions/
http://nerdberry.net/2016/09/28/blackberry-reports-89-year-over-year-growth-in-gaap-software-and-services-revenue-for-q2-fiscal-2017-company-announces-new-strategic-direction-for-mobility-solutions/#commentsWed, 28 Sep 2016 12:44:30 +0000http://nerdberry.net/?p=78595Non-GAAP Software and Services Revenue Increases 111% Year Over Year

Record Non-GAAP Gross Margin of 62%; GAAP Gross Margin of 29%

Gartner Names BlackBerry the Leader in All Critical Capabilities for High-Security Mobility

Announced a strategic alliance with Emtek Group to accelerate and advance BBM’s consumer business globally by developing new cross platform applications, content and services on the BBM platform

Commenced shipment of BlackBerry Radar, an end-to-end asset tracking IOT system; lands top tier logistics company as a customer

Launched BlackBerry Hub+ for Android, a software licensing program to effortlessly enable productivity and communication on Android 6.0 Marshmallow smartphones

Launched the DTEK50 in July, the world’s most secure Android smartphone, combining BlackBerry’s unique security, privacy and productivity with the full Android experience in an all-touch design

After the quarter close, completed the previously announced convertible debt restructuring reducing both interest costs and dilution to existing shareholders

Q2 Results

Non-GAAP revenue for the second quarter of fiscal 2017 was $352 million with GAAP revenue of $334 million. The non-GAAP revenue breakdown for the quarter was approximately 44% for software and services, 26% for service access fees (SAF), and 30% for mobility solutions.

BlackBerry had around 3,000 enterprise customer wins in the quarter. Approximately 81% of the second quarter software and services revenue was recurring.

Non-GAAP operating income was $16 million, and non-GAAP earnings per share was break even for the second quarter. GAAP net loss for the quarter was $(372) million, or $(0.71) per basic share. Adjustments to GAAP net income and earnings per share are summarized in a table below.

Total cash, cash equivalents, short-term and long-term investments was approximately $2.5 billion as of August 31, 2016. This reflects a use of free cash of $37 million, which includes $34 million of cash used in operations. Excluding $1.25 billion in the face value of our debt, the net cash balance at the end of the quarter was $1.22 billion. Purchase orders with contract manufacturers totaled approximately $71 million at the end of the second quarter, compared to $150 million at the end of the first quarter and down from $248 million in the year ago quarter.

“We are reaching an inflection point with our strategy. Our financial foundation is strong, and our pivot to software is taking hold,” said John Chen, Executive Chairman and CEO, BlackBerry. “In Q2, we more than doubled our software revenue year over year and delivered the highest gross margin in the company’s history. We also completed initial shipments of BlackBerry Radar, an end-to end asset tracking system, and signed a strategic licensing agreement to drive global growth in our BBM consumer business.”

“Our new Mobility Solutions strategy is showing signs of momentum, including our first major device software licensing agreement with a telecom joint venture in Indonesia. Under this strategy, we are focusing on software development, including security and applications. The company plans to end all internal hardware development and will outsource that function to partners. This allows us to reduce capital requirements and enhance return on invested capital,” continued Chen.

“We remain on track to deliver 30 percent revenue growth in software and services for the full fiscal year. We are revising upward our non-GAAP EPS outlook to a range of breakeven to a five cent loss, compared to the current consensus of a 15 cent loss. This reflects increased confidence based on improving margins and reduced interest expense from the recent refinancing of our debt, as well as planned investments in growth areas.”

(United States dollars, in millions except per share data)

Reconciliation of the Company’s segment results to the consolidated results:

Note: Non-GAAP gross margin, non-GAAP gross margin percentage, non-GAAP loss before income taxes, non-GAAP net loss and non-GAAP loss per share do not have a standardized meaning prescribed by GAAP and thus are not comparable to similarly titled measures presented by other issuers. The Company believes that the presentation of these non-GAAP measures enables the Company and its shareholders to better assess the Company’s operating results relative to its operating results in prior periods and improves the comparability of the information presented. Investors should consider these non-GAAP measures in the context of the Company’s GAAP results.

During the second quarter of fiscal 2017, the Company reported GAAP gross margin of $98 million or 29.3% of revenue. Excluding the impact of the inventory write-down and resource alignment program (“RAP”) charges included in cost of sales and software deferred revenue acquired included in revenue, the non-GAAP gross margin was $219 million, or 62.2% of revenue.

During the second quarter of fiscal 2017, the Company recorded inventory write-down charges of $96 million, which were included in cost of sales.

During the second quarter of fiscal 2017, the Company recorded the Q2 Fiscal 2017 Debentures Fair Value Adjustment of $62 million. This adjustment was presented on a separate line in the Consolidated Statements of Operations.

During the second quarter of fiscal 2017, the Company incurred charges related to the RAP of approximately $147 million, of which $7 million were included in cost of sale and $140 million were included in selling, marketing and administration expense.

During the second quarter of fiscal 2017, the Company incurred recoveries related to the CORE program of $2 million, which were included in selling, marketing, and administration expenses.

During the second quarter of fiscal 2017, the Company recorded software deferred revenue acquired but not recognized due to business combination accounting rules of $18 million, which were included in revenue.

During the second quarter of fiscal 2017, the Company recorded stock compensation expense of $18 million, of which $4 million were included in research and development, and $14 million were included in selling, marketing and administration expenses.

During the second quarter of fiscal 2017, the Company recorded amortization of intangible assets acquired through business combinations of $28 million, which were included in amortization expense.

During the second quarter of fiscal 2017, the Company recorded business acquisition and integration costs incurred through business combinations of $4 million, which were included in selling, marketing and administration expenses.

A replay of the conference call will also be available at approximately 11 am ET by dialing 1-855-859-2056 or 1-404-537-3406 and entering Conference ID # 68672235 or by clicking the link above.

About BlackBerry

BlackBerry secures, connects and mobilizes the enterprise. For today’s enterprise of things, BlackBerry provides devices and a software platform that enables and manages security, mobility and communications between and among hardware, programs, mobile apps and the internet of things. Founded in 1984 and based in Waterloo, Ontario, BlackBerry operates in North America, Europe, Middle East and Africa, Asia Pacific and Latin America. The Company trades under the ticker symbols “BB” on the Toronto Stock Exchange and “BBRY” on the NASDAQ. For more information, visit www.BlackBerry.com.

This news release contains forward-looking statements within the meaning of certain securities laws, including under the U.S. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws, including statements regarding: BlackBerry’s plans, strategies and objectives, including the new strategic direction for its Mobility Solutions business; the anticipated impact of BlackBerry’s recently completed convertible debt restructuring; BlackBerry’s expectations regarding anticipated demand for, and the timing of, product and service offerings, including its device software; BlackBerry’s expectations regarding the growth of its BBM consumer business; BlackBerry’s expectations regarding its capital requirements and return on invested capital in connection with the implementation of its new Mobility Solutions strategy; BlackBerry’s expectations with respect to the strength of its financial resources; BlackBerry’s expectations regarding revenue growth in its Software & Services business; and BlackBerry’s expectations regarding its non-GAAP earnings per share.

The terms and phrases “expect”, “anticipate”, “estimate”, “may”, “will”, “should”, “could”, “intend”, “believe”, “target”, “plan” and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by BlackBerry in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that BlackBerry believes are appropriate in the circumstances, including but not limited to, BlackBerry’s expectations regarding its business, strategy, opportunities and prospects, including its ability to implement meaningful changes to address its business challenges, the launch of new products and services, general economic conditions, product pricing levels and competitive intensity, supply constraints, and BlackBerry’s expectations regarding the cash flow generation of its business and the sufficiency of its financial resources.
Many factors could cause BlackBerry’s actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including the following risks: BlackBerry’s ability to attract new enterprise customers and maintain its existing relationships with its enterprise customers, or transition them to the Company’s latest enterprise software platforms and deploy smartphones; BlackBerry’s ability to develop, market and distribute an integrated software and services offering, or otherwise monetize its technologies, to grow revenue, achieve sustained profitability, or to offset the decline in BlackBerry’s service access fees; BlackBerry’s ability to enhance its current products and services, or develop new products and services, in a timely manner, at competitive prices, or to meet customer requirements, or accurately predict emerging technological trends; BlackBerry’s ability to successfully market and distribute new devices, including the PRIV and DTEK50; intense competition faced by BlackBerry; the occurrence or perception of a breach of BlackBerry’s security measures or an inappropriate disclosure of confidential or personal information; risks related to BlackBerry’s products and services being dependent upon the interoperability with rapidly changing systems provided by third parties; risks related to BlackBerry’s ability to attract new personnel and retain existing key personnel; BlackBerry’s dependence on its relationships with network carriers and distributors;
risks related to acquisitions and other business initiatives; the risk that network disruptions or other business interruptions could have a material adverse effect on BlackBerry’s business and harm its reputation; the risk that failure to protect BlackBerry’s intellectual property could harm its ability to compete effectively or impact its ability to earn revenues it expects from intellectual property rights; BlackBerry’s reliance on its suppliers for functional components and risks relating to its supply chain; risks related to sales to customers in highly regulated industries and governmental entities; BlackBerry’s reliance on third parties to manufacture and repair its products; BlackBerry’s ability to obtain rights to use software or components supplied by third parties; BlackBerry’s ability to address inventory and asset risk and the potential for charges related to its inventory and long-lived assets; BlackBerry’s ability to maintain or increase its liquidity; risks related to BlackBerry’s significant indebtedness; risks related to intellectual property rights; risks related to litigation, including litigation claims arising from BlackBerry’s disclosure practices; risks related to government regulations applicable to BlackBerry’s products and services, including products containing encryption technology; risks related to the use and disclosure of user and personal information; risks related to foreign operations, including fluctuations in foreign currencies; risks related to potential defects and vulnerabilities in BlackBerry’s products; risks as a result of actions of activist shareholders; BlackBerry’s ability to supplement and manage its catalogue of third-party applications; risks related to the failure of BlackBerry’s suppliers and other parties it does business with to use acceptable ethical business practices or to comply with applicable laws; risks related to health and safety and hazardous materials usage regulations and network certification risks; costs and other burdens associated with regulations regarding conflict minerals; risks related to BlackBerry possibly losing its foreign private issuer status under U.S. federal securities laws; the potential impact of copyright levies in numerous countries; risks related to tax liabilities; risks related to the volatility of the market price of BlackBerry’s common shares; risks related to economic and geopolitical conditions; market and credit risk related to BlackBerry’s cash and investments; and risks relating to the fluctuation of BlackBerry’s quarterly revenue and operating results.
These risk factors and others relating to BlackBerry are discussed in greater detail in BlackBerry’s Annual Information Form, which is included in its Annual Report on Form 40-F and the “Cautionary Note Regarding Forward-Looking Statements” section of BlackBerry’s MD&A (copies of which filings may be obtained at www.sedar.com or www.sec.gov). All of these factors should be considered carefully, and readers should not place undue reliance on BlackBerry’s forward-looking statements. BlackBerry has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

BlackBerry®, BBM™, QNX®, Good® and related trademarks, names and logos are the property of BlackBerry Limited and are registered and/or used in the United States and countries around the world. All other trademarks are the property of their respective owners.

BlackBerry Limited

Incorporated under the Laws of Ontario

(United States dollars, in millions except share and per share amounts) (unaudited)

Consolidated Statements of Operations

For the three months ended

For the six months ended

August 31, 2016

February 29, 2016

August 29, 2015

August 31, 2016

August 29, 2015

Revenue

$

334

$

464

$

490

$

734

$

1,148

Cost of sales

236

254

305

482

653

Gross margin

98

210

185

252

495

Gross margin %

29.3

%

45.3

%

37.8

%

34.3

%

43.1

%

Operating expenses

Research and development

85

108

122

174

261

Selling, marketing and administration

139

179

186

268

359

Amortization

44

77

67

98

132

Impairment of goodwill

–

–

–

57

–

Impairment of long-lived assets

–

–

–

501

–

Abandonment of long-lived assets

–

127

5

3

6

Write-down of assets held for sale

123

–

–

123

–

Debentures fair value adjustment

62

(40

)

(228

)

38

(385

)

453

451

152

1,262

373

Operating income (loss)

(355

)

(241

)

33

(1,010

)

122

Investment loss, net

(16

)

(15

)

(12

)

(31

)

(28

)

Income (loss) before income taxes

(371

)

(256

)

21

(1,041

)

94

Provision for (recovery of) income taxes

1

(18

)

(30

)

1

(25

)

Net income (loss)

$

(372

)

$

(238

)

$

51

$

(1,042

)

$

119

Earnings (loss) per share

Basic

$

(0.71

)

$

(0.45

)

$

0.10

$

(1.99

)

$

0.23

Diluted

$

(0.71

)

$

(0.45

)

$

(0.24

)

$

(1.99

)

$

(0.34

)

Weighted-average number of common shares outstanding (000’s)

Basic

522,826

524,627

526,314

522,362

527,775

Diluted

522,826

524,627

667,321

522,362

667,459

Total common shares outstanding (000’s)

523,488

521,172

524,211

523,488

524,211

BlackBerry Limited

Incorporated under the Laws of Ontario

(United States dollars, in millions except per share data) (unaudited)

Consolidated Balance Sheets

As at

August 31, 2016

February 29, 2016

Assets

Current

Cash and cash equivalents

$

1,687

$

957

Short-term investments

413

1,420

Accounts receivable, net

222

338

Other receivables

47

51

Inventories

41

143

Income taxes receivable

27

–

Other current assets

73

102

Assets held for sale

129

257

2,639

3,268

Long-term investments

321

197

Restricted cash

53

50

Property, plant and equipment, net

121

155

Goodwill

562

618

Intangible assets, net

652

1,213

Deferred income tax asset

–

33

$

4,348

$

5,534

Liabilities

Current

Accounts payable

$

228

$

270

Accrued liabilities

274

368

Income taxes payable

–

9

Deferred revenue

310

392

Long-term debt

1,329

–

2,141

1,039

Long-term debt

–

1,277

Deferred income tax liability

9

10

2,150

2,326

Shareholders’ Equity

Capital stock and additional paid-in capital

2,480

2,448

Retained earnings (deficit)

(274

)

768

Accumulated other comprehensive loss

(8

)

(8

)

2,198

3,208

$

4,348

$

5,534

BlackBerry Limited

Incorporated under the Laws of Ontario

(United States dollars, in millions except per share data) (unaudited)

]]>http://nerdberry.net/2016/09/28/blackberry-reports-89-year-over-year-growth-in-gaap-software-and-services-revenue-for-q2-fiscal-2017-company-announces-new-strategic-direction-for-mobility-solutions/feed/2BlackBerry Offers Cross-Platform Solution for Secure Voice and Data Communicationshttp://nerdberry.net/2016/09/02/blackberry-offers-cross-platform-solution-for-secure-voice-and-data-communications/
http://nerdberry.net/2016/09/02/blackberry-offers-cross-platform-solution-for-secure-voice-and-data-communications/#respondFri, 02 Sep 2016 15:07:23 +0000http://nerdberry.net/?p=78589BlackBerry and Samsung Supply the First Spy-Proof Tablets to the German Government

BERLIN, GERMANY–(Marketwired – Sept. 2, 2016) – BlackBerry Limited (NASDAQ:BBRY)(TSX:BB), a global leader in secure mobile communications, announced today at the IFA Berlin conference that its SecuTABLET is being used by government agencies in Germany to ensure its staff can work on the go without falling victim to espionage.

BlackBerry’s highly secure tablet, integrated with government-grade MAM technology, is based on the latest version of the Samsung Galaxy Tab S2, and was approved by the German Federal Office for Information Security (BSI) at the “classified – for official use only” (VS-NfD) security level. The SecuTABLET is the latest BlackBerry cross-platform solution that fulfills the strict security guidelines set by German government agencies. SecuSUITE for BlackBerry 10 had also received approval and has long been used by the German government to secure its mobile voice and data communications.

The SecuTABLET uses the Secusmart Security card responsible for securely encrypting the transfer of mobile data as well as encrypting all the information stored on the device. Also integrated into the tablet is software that provides Certificate Management for managing all keys and certifications stored in the Secusmart Security Card and VPN for cryptographically secured data communication. Secusmart’s leading secure voice technology will be added later this year. In conjunction with Samsung’s Knox security platform and BlackBerry’s MAM platform, the SecuTABLET enables users to access both business apps for working securely on the go and personal apps, all the while meeting the strict security requirements of German government agencies.

BlackBerry Hub is your secure message center

BlackBerry recently launched a software licensing program that enables the BlackBerry Hub and other applications to be available on devices running Android 6.0 Marshmallow. This means the BlackBerry Hub is now the SecuTABLET’s centralized and secure messaging inbox, collecting all messages, such as emails, calendar entries and any application notifications in one organized location.

“With the SecuTABLET, for the first time, we are combining secure software and hardware from multiple manufacturers into a joint solution. Receiving approval from the BSI confirms our resolve to offer solutions that combine maximum security with ease of operation and that are always available on the very latest hardware,” said Dr. Christoph Erdmann, Managing Director of Secusmart.

Samsung Knox separates personal and business data

Samsung has also made its Knox mobile security platform available on the SecuTABLET. Knox is able to reliably separate sensitive information from personal data, meaning that users can easily and securely switch between using their device for business and personal purposes.

“Our collaboration with BlackBerry’s Secusmart is a testimony to our commitment to mobile security,” emphasized Sascha Lekic, Director of B2B Sales, IT & Mobile Communication at Samsung Electronics GmbH. “Samsung Knox has allowed us to add an extra level of security to the use of Android on Samsung smartphones and to create a foundation on which to develop mobile security solutions. The SecuTABLET is an impressive example of this.”

A BlackBerry subsidiary, Secusmart (www.secusmart.com), is one of the world’s leading experts in the development and implementation of comprehensive solutions for protecting businesses and public authorities from electronic eavesdropping. With its SecuSUITE for Government high-security solution, which is already used by more than 20 governments worldwide, Secusmart also protects the communications of governments outside of Germany as well as agencies and organizations responsible for providing emergency services. The trusted and well-established SecuSUITE for BlackBerry 10 continues to secure the mobile communications of German government ministries and agencies.

About BlackBerry

BlackBerry is securing a connected world, delivering innovative solutions across the entire mobile ecosystem and beyond. We secure the world’s most sensitive data across all end points – from cars to smartphones – making the mobile-first enterprise vision a reality. Founded in 1984 and based in Waterloo, Ontario, BlackBerry operates offices in North America, Europe, Middle East and Africa, Asia Pacific and Latin America. The Company trades under the ticker symbols “BB” on the Toronto Stock Exchange and “BBRY” on the NASDAQ. For more information, visit www.BlackBerry.com.

BlackBerry and related trademarks, names and logos are the property of BlackBerry Limited and are registered and/or used in the U.S. and countries around the world. All other marks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.

WATERLOO, ONTARIO–(Marketwired – Aug. 10, 2016) – BlackBerry Limited (NASDAQ:BBRY)(TSX:BB), a global leader in secure mobile communications, today announced the first wave of Platinum achievements for partners as a result of the renewed Enterprise Partner Program for solutions providers. The program was launched in May and with ISEC7, GFI, GENOA and novalink, already four global partners are now ranked in the top tier level. This highest tier recognizes partners that are qualified to deliver the complete BlackBerry portfolio of competencies and have the most in-depth technology skills and expertise. These long term partners continue to demonstrate commitment on delivering industry leading secure mobility solutions from BlackBerry to customers.

“We are excited that ISEC7, GFI, GENOA and novalink achieved Platinum level in our Enterprise Partner Program by providing excellent consulting, professional services, and support and software lifecycle management opportunities for customers moving to mobile business,” said Richard McLeod, Vice President Global Channels at BlackBerry.

To become a Platinum Partner, solutions providers need to build competencies on several disciplines to be a BlackBerry Support Professional, BlackBerry System Integration Professional, BlackBerry Technical Sales Professional and BlackBerry Advanced Sales expert. These four partners have made significant investment in building capabilities for BlackBerry´s secure mobility platform and will benefit from the closest relationship with BlackBerry including an incremental service discount with Support Services. This is their feedback on partnering with BlackBerry.

“â€‹â€‹The Platinum Solutions Provider designation will give us a branding advantage in the market, while the new accreditations and competencies included in the BlackBerry Enterprise Partner Program will further improve our capabilities and help us stand out from the crowd,” explained Marco Gocht, CEO, ISEC7 Group AG.

“We are delighted to have received the achievement of Platinum Solutions Provider. This confirms the long term trustworthy and solid partnership as well as the mutual appreciation between GFI and BlackBerry. Customers of GFI benefit from this continued highest available partner accreditation by receiving superior mobility consulting, support and development services and get linked to the best in class security and mobility solutions from BlackBerry,” said Jan Ratzke, CEO, GFI Informationsdesign GmbH.

“It is important for us to provide our customers with the best full-service for secure mobility management. We are delighted to be the first authorized Platinum Solutions Provider for BlackBerry in Austria. Through our close relationship with BlackBerry and this certification we are able to proof and optimize our in-depth skills and expertise. We stand for solutions on the highest level for the benefit of our customers,” added Elmar Jilka, CEO, GENOA net works IT-Beratungs GmbH.

“Being a Swiss company, novalink puts high value on comprehensive expert service as well as customer focus. Partners and clients are being constantly and personally supported in the whole cycle of sales, support, development and workshops. Working with the right partner is important and our new BlackBerry Platinum Solutions Provider status demonstrates that novalink is even more present on the Swiss market and conquers new customer segments,” said Christoph Hodel, CEO, novalink GmbH.

As part of the ongoing commitment to provide customers with world-class secure mobility solutions via accredited partners, BlackBerry will continue to invest in building out competencies and providing enhanced resources and support for Platinum Partners. This gives partners the right competitive advantage in the market.

BlackBerry is securing a connected world, delivering innovative solutions across the entire mobile ecosystem and beyond. We secure the world’s most sensitive data across all end points – from cars to smartphones – making the mobile-first enterprise vision a reality. Founded in 1984 and based in Waterloo, Ontario, BlackBerry operates offices in North America, Europe, Middle East and Africa, Asia Pacific and Latin America. The Company trades under the ticker symbols “BB” on the Toronto Stock Exchange and “BBRY” on the NASDAQ. For more information, visit www.BlackBerry.com.

BlackBerry and related trademarks, names and logos are the property of BlackBerry Limited and are registered and/or used in the U.S. and countries around the world. All other marks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.

London, England – August 9, 2016 – BlackBerry Limited (NASDAQ: BBRY; TSX: BB), a global leader in secure mobile communications, today announced that In Practice Systems Ltd (INPS), a leader in unique medical software for primary care and the wider healthcare environment in the UK, has upgraded to BES®12, a multi-OS EMM solution by BlackBerry, to securely manage its multi-platform mobile fleet. INPS has successfully migrated to BES12 to “infinitely increase” the mobile workforce’s productivity.

INPS has developed Vision, a product that offers flexible IT software to help the UK’s National Health Service (NHS) provide patients with high quality, joined up services on any device, at anytime, anywhere. As a supplier to the NHS, INPS is mandated to handle its communications and flow of information securely, and be able to prove that Information Governance Statement of Compliance (IG SoC) legislation is being met. INPS therefore needed a comprehensive multi-OS EMM solution for its employees that complied with IG SoC mandates, while ensuring that staff had a flexible yet secure means of communication, whether they were in the office or on the road.

“We needed a mobility solution that matched the characteristics we see in ourselves – highly secure and productive. Working with our strategic technology partners, Appurity, BES12 was identified as the most comprehensive and cost-effective solution to empower employees to work on-the-go, safely and flexibly,” said Angelo Chrysanthou, Head of Information Systems at INPS.

BlackBerry’s extensive portfolio of enterprise security, productivity, and communication and collaboration services made BES12 a perfect fit for INPS. BES12 centralises device management from a single command and control centre, and seamlessly supports multiple mobile platforms, including iOS®, Android™ (including Android™ for Work and Samsung KNOX™ smartphones and tablets), Windows, BlackBerry® and OS X.

“It was important that the EMM solution did not restrict employees’ choice of device,” added Chrysanthou. “And it just works, delivering a massive return on investment.”

“Enterprise mobility is absolutely paramount in today’s world, which means secure and flexible multi-OS EMM solutions are required for any business,” said Florian Bienvenu, Senior Vice President Enterprise Sales, EMEA at BlackBerry. “By choosing BES12, and working with a top-tier BlackBerry partner, INPS has adopted a multi-OS management platform that will guarantee security, as well as driving improvements in productivity and communication across the organisation.”

INPS is one of many enterprise customers relying on BlackBerry’s comprehensive enterprise software portfolio of multi-OS solutions and services to keep its organization secure and productive.

BlackBerry is securing a connected world, delivering innovative solutions across the entire mobile ecosystem and beyond. We secure the world’s most sensitive data across all end points – from cars to smartphones – making the mobile-first enterprise vision a reality. Founded in 1984 and based in Waterloo, Ontario, BlackBerry operates offices in North America, Europe, Middle East and Africa, Asia Pacific and Latin America. The Company trades under the ticker symbols “BB” on the Toronto Stock Exchange and “BBRY” on the NASDAQ. For more information, visit www.BlackBerry.com.